Prediction Market Transactions Reach $25.7 Billion in March 2026

In March 2026, prediction markets saw a total transaction volume of $25.7 billion, marking a 10.6% increase from the previous period. According to Odaily, the trading activity was predominantly concentrated among small retail users. Of the 1.29 million wallets tracked in the first quarter, 82.3% of users engaged in transactions below $10,000. The growth was mainly driven by micro, light, and moderately active user groups, reflecting a market structure characterized by high-frequency participation with low transaction sizes. Cryptocurrency assets served as the primary entry point for prediction markets, accounting for 39.6% of micro-user activity. Bitcoin-related event contracts attracted approximately 593,000 users in the first quarter, with a transaction volume of $5.42 billion, making it the most engaged crypto prediction market. Ethereum and Solana recorded transaction volumes of $1.19 billion and $420 million, respectively. In terms of category structure, sports markets led with a transaction volume of $10.1 billion, followed by political markets at $5 billion, with geopolitical-related transactions accounting for $2.41 billion. Overall, crypto-related markets reached a total transaction volume of $7.3 billion. Analysts suggest that the growth in prediction markets is primarily driven by 'category expansion' rather than an increase in single transaction sizes. Micro users were active for an average of 2.5 days, participating in 1.45 categories, while medium users increased their activity to 9.9 days, engaging in 2.34 categories, indicating a shift from single speculative activities to sustained participation across multiple markets.